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Impact of CPI on BBS token Price📈

rendz@bbs profile image
Jul 13, 2022

Breaking news today is that CPI is 9.1 and this implies high inflation, in order to lower inflation the FED has to try to lower CPI by increasing interest rate so that less money becomes available,

Less money means people may required to sell some of their crypto holding including BBS tokens to meet their day to day needs .

So we may indeed continue to see BBS token falling together with other major crypto currencies.

Should I buy more BBS tokens:

It depends on one risk appetite, and the believe in BBS project.The good news is that we probably have less number of sellers as BBS price is now Below ico price.I doubt many investors would want to sell on a loss.

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